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Apply experience, industry standards and knowledge of treasury management products, corporate formation documents, and Bank of America policies to address related credit, risk, compliance, legal, operational, and business issues with our clients in the United States and
Latin America. The broader contract management team supports all GPS cash management business which includes trade services, card products, and deposit account control agreements.
Draft, negotiate, review and administer complex, high-value, multifaceted contracts, working closely with business stakeholders and external clients.
Facilitate communications among sales, implementation, product, operations, compliance, risk, credit officers, legal staff, and client managers to promptly resolve documentation issues
Perform analytic, legal and business reviews of contractual language in contracts, schedules and amendments and develop general, special and operational provisions in contracts to ensure maximum benefit to the company and to limit risk.
Apply strong verbal and written communications skills to represent Bank of America in negotiations and communications with clients, stakeholders and internal/external counsel at all levels of management.
Conduct contract administration duties including contract request receipt, contract documentation, execution and record-keeping, ensuring the smooth flow of contract execution and administration.
Develop strategies to resolve and manage potential problems on major contracts to effectively meet organizational goals and objectives.
Assess and advise business personnel of contractual issues and business risks associated with contracts to eliminate unnecessary liability, ensure compliance and reduce legal entanglements.
Serve as an expert resource, reinforcing, advising and instructing company personnel on corporate policy, compliance and legal requirements, documentation standards and options and procedures related to developing contractual arrangements.
Strong communicators who value giving and receiving feedback, can easily build relationships and who are quick thinking, flexible and always learning and sharing knowledge
Broad knowledge of and comfort working with complex legal documentation (contracts)
Conduct negotiations effectively, balancing competing objectives to achieve optimal results
Handle a full workload with tight deadlines and manage competing priorities
Manage numerous competing, complex documentation assignments.
Exercise sound judgment and independent decision-making, including knowing when to escalate contract matters and issues to managers and/or attorneys when appropriate.
Maintain objectivity in balancing bank risk with client needs and satisfaction
Reliability, discretion and ability to handle sensitive information and maintain confidentiality
Desired Qualifications:
Financial services industry experience in corporate or commercial banking
Legal experience
Company legal knowledge: e.g., sole proprietorships, partnerships, limited partnerships, LLCs, corporations, trusts, etc.
Transaction banking products knowledge
Deposit Account Control Agreements knowledge
Undergraduate/graduate degree with Juris Doctorate degree, paralegal/technical contract training or equivalent work experience preferred (minimum three years)
Skills:
Analytical Skills
Verbal Communication Skills
Written Communication Skills
Negotiation Skills
Organizational Skills
Project Management Skills
Processing Skills
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